As I write this piece, the finance minister has dispatched the Union Budget 2011. The press is busy reflecting the views of business and industry lobbies, as they quibble over duty exemptions, insist on financial stimulus and other incentives, and cry for big-ticket reform—foreign direct investment in retail and insurance. The only other discussion is about the growing fiscal deficit: will the finance minister give in to populism while extending the programmes for the poor? Or will he raise taxes to pay for the growing developmental needs of the country? The finance minister, it would seem, is caught between two battles: of checking the bulge in fiscal irresponsibility and of meeting the need for delivering governance.

Bidding for the first phase of Jawaharlal Nehru National Solar Mission has put a question mark on the ambitious target set to enlarge the country’s energy needs through the solar route. Out of the 30 short-listed bidders, almost 20 have had nothing to do with solar photo voltaic (PV) power. It seems as if the projects they promise may soon turn unviable.

There is no doubt US President Barack Obama was in India on a business trip. His recent electoral losses weighed heavily with him when he stitched up deals, reportedly worth US $10 billion, that would create about 50,000 jobs back home.

Vijay Jawandhia is a farmer in Vidarbha, the region which brought home to us the crisis that is compelling farmers to kill themselves. He is also a leader of farmers. Recently, he spoke of new challenges: "In my village we are hiring vehicles and bringing people from cities to work in the field." Sounds bizarre but news stories from across farming regions suggest a similar trend.